Which Statement Is Not Correct

question 88

Multiple Choice

Which statement is not correct?

• A)the post-closing trial balance reports the ending balance of each account in the general ledger
• B)one purpose of preparing the unadjusted trial balance is to ensure that debits equal credits
• C)financial statements are prepared based on the unadjusted trial balance
• D)the unadjusted trial balance reports control account balances but omits subsidiary ledger detail

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Definitions:

Bevel Weld

A type of weld designed to join two pieces of metal at an angle, using a beveled edge to prepare the joint.

Melt-Through Symbol

In welding, a symbol denoting that full penetration has been achieved in the weld, ensuring the joint is as strong as the base metals.

Reference Line

A line used in technical drawings or diagrams as a basis for measurement or to denote a base position from which other dimensions or positions are determined.

Arrow

A graphical symbol used to indicate direction or to point towards an object or location.